The pulmonary devices market was valued at US$ 18,598.56 million in 2019 and is projected to reach US$ 39,965.01 million by 2027; it is expected to grow at a CAGR of 10.1%from 2020 to 2027.
Pulmonary or respiratory devices are used to remove mucus and secretions from the airways or the respiratory tract. These medical devices are focused on diagnosis, control, treatment, management, and evaluation of the problems associated with respiratory tract. The pulmonary devices market growth is mainly attributed to the rising number of COVID-19 cases worldwide and increasing prevalence of respiratory diseases. Moreover, strategic activities by the manufacturers such as type innovation, type launches, and approvals, as well as R&D investment for advancements in ventilatorsare further expected to foster the market growthduring the forecast period. However, unfavorable reimbursement scenario limitsthe growth of the market.
The impact of the COVID-19 crisis is expected to further accelerate the growth of the respiratory devices market in Europe. For instance, Apex Medical is focused towards providing CPAP ventilator solutions as COVID-19 treatment alternative as per the British Medicines and Medical Products Regulatory Agency (MHRA) to the patients with respiratory insufficiency. Additionally, In the United Kingdom (UK), for example, the government has asked automobile manufacturers including Ford, Honda, and Rolls-Royce to temporarily shift part of their assembly line focus from cars to developing respiratory equipment.
Lucrative Regions for Pulmonary Devices Market
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Market Insights
Rising Number of COVID-19 Cases Drives Pulmonary Devices Market Growth
Infectious respiratory diseases directly drive demand for respiratory care. COVID-19 is the most recent and significant of these diseases; the pandemic has resulted in a surge in demand for personal protection equipment and ventilators, among others. The demand for ventilators has also grown due to the COVID-19 outbreak, resulting in governmental and industrial support for driving the pace of manufacturing. As of now, the virus has infected more than a quarter of a million people globally. With the continued spread of this virus, which can cause pneumonia and difficulty breathing, hospitals are facing a limited supply of ventilators. For instance, in Italy, hospitals have been overwhelmed with patients in respiratory failure, and medical staffs have to make difficult life-or-death decisions about which patients receive ventilators. As the shortage and prevalence of respiratory diseases increase, the global pulmonary device market is expected to grow at a steady pace.
For now, the impact of the COVID-19 crisis is expected to further accelerate the growth of the respiratory devices market. In addition, the threat will have a lasting impact on governments and regulatory agencies in terms of future preparedness when it comes to the next pandemic.Today, governments worldwide are playing catch-up, swiftly intervening in an attempt to create alliances with manufacturers to handle the COVID-19 threat. And, international regulatory agencies are considering accelerated approval of certain respiratory devices.
Type-BasedInsights
Based on type, the pulmonary devices market is segmented into therapeutic devices, consumables and accessories, diagnostic devices, and monitoring devices. The therapeutic devices segment held the largest share of the market in 2019.However, the consumables and accessories segment is anticipated to register the highest CAGR during the forecast period. The therapeutic devices for pulmonary diseases include standalone highly advanced respiratory systems such as positive airway pressure devices, ventilators, oxygen concentrators, to smaller regular patient usage devices such as portable oxygen concentrators, inhalers, nebulizers, humidifiers, oxygen hoods, and pumps.
Pulmonary Devices Market, by Type– 2019and 2027
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Application-Based Insights
Based on application, the pulmonary devices marketis segmented into COPD, asthma, sleep apnea, infectious disease and others. The COPD segment held the largest share of the market in 2019. Also, the same segment is anticipated to register the highest CAGR in the market during the forecast period.Chronic obstructive pulmonary disorder commonly referred to, as COPD is a group of progressive lung disorders that commonly include bronchitis and emphysema. People having COPD usually suffer from both of the diseases. Smoking tobacco is known to be the top cause of COPD. In addition, long-term exposure by individuals to chemical irritants may also lead to COPD. The disease usually takes a long time to develop and establish.
End User-Based Insights
Based on end user, the pulmonary devices marketis segmented into hospitals, home care settings and ambulatory care centers. The hospitals segment held the largest share of the market in 2019; however, home care settings segment is estimated to register the highest CAGR during the forecast period.Hospitals segment is estimated to hold a considerable share as majority of the patients in emerging and developed countries prefer visiting hospitals for any kind of health-related problem. Further, the increasing number of hospitals and adoption of advanced diagnostic platforms offer lucrative opportunities for the growth of the market for the hospital segment.
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Pulmonary Devices Market: Strategic Insights
Market Size Value in US$ 18,598.56 Million in 2019 Market Size Value by US$ 39,965.01 Million by 2027 Growth rate CAGR of 10.1% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Pulmonary Devices Market: Strategic Insights
| Market Size Value in | US$ 18,598.56 Million in 2019 |
| Market Size Value by | US$ 39,965.01 Million by 2027 |
| Growth rate | CAGR of 10.1% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Product launches, mergersand acquisitions, collaborations, and expansionsarethe commonly adopted strategies by various companies to expand their footprint worldwide and meet the growing demandby expanding theirrespective product portfolios.The players operating in the pulmonary devices marketadopted the product innovationsstrategy to cater to changing customer demand worldwide, which also permits them to maintain their brand name globally.
Pulmonary Devices Market – byType
- Therapeutic Devices
- Consumables and Accessories
- Diagnostic Devices
- Monitoring Devices
Pulmonary Devices Market – by Application
- Chronic Obstructive Pulmonary Disease (COPD)
- Sleep Apnea
- Asthma
- Infectious Diseases
- Others
Pulmonary Devices Market – by End User
Pulmonary Devices Market – by End User
- Hospitals
- Home Care Settings
- Ambulatory Care Centers
Pulmonary Devices Market– by Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Spain
- Rest of Europe
Asia Pacific(APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South and Central America (SCAM)
- Brazil
- Argentina
- Rest of SCAM
Company Profiles
- Koninklijke Philips N.V.
- Caire Inc. (Chart Industries)
- Inogen Inc.
- Invacare Corporation
- O2 Concepts
- Nidek Medical Types, Inc.
- Drive DeVilbiss International
- GCE Group
- Besco Medical
- Inova labs Inc. (ResMed)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type ; Application ; End User , and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Pulmonary or respiratory devices are used to remove mucus and secretions from the airways or the respiratory tract. These medical devices are focused on diagnosis, control, treatment, management, and evaluation of the problems associated with respiratory tract.
The factors that are driving growth of the market are rising number of COVID-19 cases worldwide and increasing prevalence of respiratory diseases. Moreover, Strategic activities by the manufacturerssuch as type innovation, type launches, and approvals, as well as R&D investment for advancements in ventilatorsare offering lucrative opportunities for the growth of the market.
The pulmonary devicesmarket majorly consists of the players such as Koninklijke Philips N.V, Caire Inc. (Chart Industries), Inogen Inc., Invacare Corporation, O2 Concepts, Nidek Medical Types, Inc., Drive DeVilbiss International, GCE Group, Besco Medical, and Inova labs Inc. (ResMed)amongst others.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Pulmonary Devices Market – By Type
1.3.2 Pulmonary Devices Market – By Application
1.3.3 Pulmonary Devices Market – By End User
1.3.4 Pulmonary Devices Market – By Geography
2. Pulmonary Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Pulmonary Devices Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe – PEST Analysis
4.2.3 Asia-Pacific – PEST Analysis
4.2.4 Middle East and Africa (MEA) – PEST Analysis
4.2.5 South & Central America – PEST Analysis
4.3 Expert Opinion
5. Pulmonary Devices Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Number of COVID-19 Cases Worldwide
5.1.2 Increasing Prevalence of Respiratory Diseases
5.2 Market Restraints
5.2.1 Unfavourable Reimbursement Scenario
5.3 Market Opportunities
5.3.1 Strategic Activities by Manufacturers
5.4 Future Trends
5.4.1 Increasing Preference of Home Care Products
5.5 Impact Analysis
6. Pulmonary Devices Market – Global Analysis
6.1 Global Pulmonary Devices Market Revenue Forecast And Analysis
6.2 Global Pulmonary Devices Market, By Geography - Forecast And Analysis
6.3 Market Positioning of Key Players
7. Pulmonary Devices Market Analysis– By Type
7.1 Overview
7.2 Pulmonary Devices Market Share, By Type, 2019 & 2027 (%)
7.3 Therapeutic Devices
7.3.1 Overview
7.3.2 Therapeutic Devices Market Revenue and Forecasts to 2027 (US$ Million)
7.4 Consumables and Accessories
7.4.1 Overview
7.4.2 Consumables and Accessories Market Revenue and Forecasts to 2027 (US$ Million)
7.5 Diagnostic Devices
7.5.1 Overview
7.5.2 Diagnostic Devices Market Revenue and Forecasts to 2027 (US$ Million)
7.6 Monitoring Devices
7.6.1 Overview
7.6.2 Monitoring Devices Market Revenue and Forecasts to 2027 (US$ Million)
8. Pulmonary Devices Market Analysis– By Application
8.1 Overview
8.2 Pulmonary Devices Market Share, By Application, 2019 & 2027 (%)
8.3 COPD
8.3.1 Overview
8.3.2 COPD Market Revenue and Forecasts to 2027 (US$ Million)
8.4 Asthma
8.4.1 Overview
8.4.2 Asthma Market Revenue and Forecasts to 2027 (US$ Million)
8.5 Sleep Apnea
8.5.1 Overview
8.5.2 Sleep Apnea Market Revenue and Forecasts to 2027 (US$ Million)
8.6 Infectious Diseases
8.6.1 Overview
8.6.2 Infectious Diseases Market Revenue and Forecasts to 2027 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others Market Revenue and Forecasts to 2027 (US$ Million)
9. Pulmonary Devices Market Analysis– By End User
9.1 Overview
9.2 Pulmonary Devices Market Share, By End User, 2019 & 2027 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals Market Revenue and Forecasts to 2027 (US$ Million)
9.4 Homecare Settings
9.4.1 Overview
9.4.2 Homecare Settings Market Revenue and Forecasts to 2027 (US$ Million)
9.5 Ambulatory Care Centers
9.5.1 Overview
9.5.2 Ambulatory Care Centers Market Revenue and Forecasts to 2027 (US$ Million)
10. Pulmonary Devices Market Analysis And Forecasts To 2027 – Geographical Analysis
10.1 North America: Pulmonary Devices Market
10.1.1 Overview
10.1.2 North America: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.3 North America: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.1.4 North America: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.1.5 North America: Pulmonary Devices Market, By End User – Revenue and Forecast to 2027 (USD Million)
10.1.6 North America: Pulmonary Devices Market, by Country, 2019 & 2027 (%)
10.1.7 US: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.1 US: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.2 US: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.1.7.3 US: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.1.7.4 US: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.1.8 Canada: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.1 Canada: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.2 Canada: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.1.8.3 Canada: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.1.8.4 Canada: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.1.9 Mexico: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.1 Mexico: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.2 Mexico: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.1.9.3 Mexico: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.1.9.4 Mexico: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.2 Europe: Pulmonary Devices Market
10.2.1 Overview
10.2.2 Europe: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.3 Europe: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.2.4 Europe: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.2.5 Europe: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.2.6 Europe: Pulmonary Devices Market, by Country, 2019 & 2027 (%)
10.2.7 Germany: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.7.1 Germany: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.7.2 Germany: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.2.7.3 Germany: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.2.7.4 Germany: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.2.8 France: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.8.1 France: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.8.2 France: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.2.8.3 France: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.2.8.4 France: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.2.9 UK: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.9.1 UK: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.9.2 UK: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.2.9.3 UK: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.2.9.4 UK: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.2.10 Italy: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.10.1 Italy: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.10.2 Italy: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.2.10.3 Italy: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.2.10.4 Italy: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.2.11 Spain: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.11.1 Spain: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.11.2 Spain: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.2.11.3 Spain: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.2.11.4 Spain: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
10.3 Asia-Pacific: Pulmonary Devices Market
10.3.1 Overview
10.3.2 Asia-Pacific: Pulmonary Devices Market - Revenue and Forecast to 2027 (USD Million)
10.3.3 Asia-Pacific Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.3.4 Asia-Pacific Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.3.5 Asia-Pacific Pulmonary Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
10.3.6 Asia-Pacific: Pulmonary Devices Market, by Country, 2019 & 2027 (%)
10.4.1 China: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.1.1 China: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.1.2 China Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.4.1.3 China Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.4.1.4 China Pulmonary Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
10.4.2 Japan: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.2.1 Japan: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.2.2 Japan Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.4.2.3 Japan Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.4.2.4 Japan Pulmonary Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
10.4.3 India: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.3.1 India: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.3.2 India Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.4.3.3 India Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.4.3.4 India Pulmonary Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
10.4.4 South Korea: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.4.1 South Korea: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.4.2 South Korea Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.4.4.3 South Korea Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.4.4.4 South Korea Pulmonary Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
10.4.5 Australia: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.5.1 Australia: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.5.2 Australia Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.4.5.3 Australia Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.4.5.4 Australia Pulmonary Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
10.5 Middle East & Africa: Pulmonary Devices Market
10.5.1 Overview
10.5.2 Middle East & Africa: Pulmonary Devices Market - Revenue and Forecast to 2027 (US$ Million)
10.5.3 Middle East & Africa Pulmonary Devices Market, by Type– Revenue and Forecast to 2027 (USD Million)
10.5.4 Middle East & Africa Pulmonary Devices Market, by Application– Revenue and Forecast to 2027 (USD Million)
10.5.5 Middle East & Africa Pulmonary Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
10.5.6 Middle East & Africa: Pulmonary Devices Market, by Country, 2018 & 2027 (%)
10.5.7 Saudi Arabia: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.5.7.1 Saudi Arabia: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.5.7.2 Saudi Arabia Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.5.7.3 Saudi Arabia Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.5.7.4 Saudi Arabia Pulmonary Devices Market, by End User – Revenue and Forecast to 2027(USD Million)
10.5.8 UAE: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.5.8.1 UAE: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.5.8.2 UAE Pulmonary Devices Market, by Type– Revenue and Forecast to 2027 (USD Million)
10.5.8.3 UAE Pulmonary Devices Market, by Type– Revenue and Forecast to 2027 (USD Million)
10.5.8.4 UAE Pulmonary Devices Market, by End User – Revenue and Forecast to 2027(USD Million)
10.5.9 South Africa: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.5.9.1 South Africa: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.5.9.2 South Africa Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.5.9.3 South Africa Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.5.9.4 South Africa Pulmonary Devices Market, by End User – Revenue and Forecast to 2027(USD Million)
10.6 South and Central America: Pulmonary Devices Market
10.6.1 Overview
10.6.2 South and Central America: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.6.3 South and Central America Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.6.4 South and Central America Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.6.5 South and Central America Pulmonary Devices Market, by End User – Revenue and Forecast to 2027(USD Million)
10.6.6 South and Central America: Pulmonary Devices Market, by Country, 2019 & 2027 (%)
10.6.7 Brazil: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.6.7.1 Brazil: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.6.7.2 Brazil Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.6.7.3 Brazil Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.6.7.4 Brazil Pulmonary Devices Market, by End User – Revenue and Forecast to 2027(USD Million)
10.6.8 Argentina: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.6.8.1 Argentina: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
10.6.8.2 Argentina Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.6.8.3 Argentina Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
10.6.8.4 Argentina Pulmonary Devices Market, by End User – Revenue and Forecast to 2027(USD Million)
11. Impact of COVID-19 Pandemic on Global Pulmonary Devices Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Rest of the World: Impact Assessment of COVID-19 Pandemic
12. Pulmonary Devices Market – Industry Landscape
12.1 Overview
12.2 Growth Strategies Done by the Companies in the Market, (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview
13. Company Profiles
13.1 Koninklijke Philips N.V.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 ResMed
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Medtronic
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Fisher & Paykel Healthcare Limited.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Masimo
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Invacare Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Dragerwerk AG & Co. KGaA
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Air Liquide
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Getinge AB
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Hamilton Medical
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 Glossary of Terms
LIST OF TABLES
Table 1. North America: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 2. North America: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 3. North America: Pulmonary Devices Market, By End User – Revenue and Forecast to 2027 (USD Million)
Table 4. US: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 5. US: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 6. US: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 7. Canada: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 8. Canada: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 9. Canada: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 10. Mexico: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 11. Mexico: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 12. Mexico: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 13. Europe: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 14. Europe: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 15. Europe: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 16. Germany: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 17. Germany: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 18. Germany: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 19. France: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 20. France: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 21. France: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 22. UK: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 23. UK: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 24. UK: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 25. Italy: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 26. Italy: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 27. Italy: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 28. Spain: Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 29. Spain: Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 30. Spain: Pulmonary Devices Market, End User – Revenue and Forecast to 2027 (USD Million)
Table 31. Asia-Pacific Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 32. Asia-Pacific Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 33. Asia-Pacific Pulmonary Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 34. China Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 35. China Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 36. China Pulmonary Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 37. Japan Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 38. Japan Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 39. Japan Pulmonary Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 40. India Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 41. India Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 42. India Pulmonary Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 43. South Korea Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 44. South Korea Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 45. South Korea Pulmonary Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 46. Australia Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 47. Australia Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 48. Australia Pulmonary Devices Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 49. Middle East & Africa Pulmonary Devices Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 50. Middle East & Africa Pulmonary Devices Market, by Application– Revenue and Forecast to 2027 (USD Million)
Table 51. Middle East & Africa Pulmonary Devices Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 52. Saudi Arabia Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 53. Saudi Arabia Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 54. Saudi Arabia Pulmonary Devices Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 55. UAE Pulmonary Devices Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 56. UAE Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 57. UAE Pulmonary Devices Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 58. South Africa Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 59. South Africa Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 60. South Africa Pulmonary Devices Market, by End User– Revenue and Forecast to 2027(USD Million)
Table 61. South and Central America Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 62. South and Central America Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 63. South and Central America Pulmonary Devices Market, by End User– Revenue and Forecast to 2027 (USD Million)
Table 64. Brazil Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 65. Brazil Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 66. Brazil Pulmonary Devices Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 67. Argentina Pulmonary Devices Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 68. Argentina Pulmonary Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 69. Argentina Pulmonary Devices Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 70. Organic Developments Done By Companies
Table 71. Inorganic Developments Done by Companies
Table 72. Glossary of Terms, Pulmonary Devices Market
LIST OF FIGURES
Figure 1. Pulmonary Devices Market Segmentation
Figure 2. Pulmonary Devices Market – By Geography
Figure 3. Global Pulmonary Devices Market Overview
Figure 4. Therapeutic Devices Segment Held Largest Share of Pulmonary Devices Market
Figure 5. Asia-Pacific to Show Remarkable Growth During Forecast Period
Figure 6. Global Pulmonary Devices Market, By Geography (US$ Million)
Figure 7. Global Pulmonary Devices Market- Leading Country Markets (US$ Million)
Figure 8. Global Pulmonary Devices Market, Industry Landscape
Figure 9. North America PEST Analysis
Figure 10. Europe PEST Analysis
Figure 11. Asia-Pacific PEST Analysis
Figure 12. Middle East and Africa (MEA) PEST Analysis
Figure 13. South & Central America PEST Analysis
Figure 14. Pulmonary Devices Market Impact Analysis of Driver and Restraints
Figure 15. Global Pulmonary Devices Market – Revenue Forecast And Analysis – 2019- 2027
Figure 16. Global Pulmonary Devices Market – By Geography Forecast and Analysis – 2019- 2027
Figure 17. Market Positioning of Key Players
Figure 18. Pulmonary Devices Market Share, by Type, 2019 & 2027 (%)
Figure 19. Therapeutic Devices Market Revenue and Forecasts to 2027 (US$ Million)
Figure 20. Consumables and Accessories Market Revenue and Forecasts to 2027 (US$ Million)
Figure 21. Diagnostic Devices Market Revenue and Forecasts to 2027 (US$ Million)
Figure 22. Monitoring Devices Market Revenue and Forecasts to 2027 (US$ Million)
Figure 23. Pulmonary Devices Market Share, by Application, 2019 & 2027 (%)
Figure 24. COPD Market Revenue and Forecasts to 2027 (US$ Million)
Figure 25. Asthma Market Revenue and Forecasts to 2027 (US$ Million)
Figure 26. Sleep Apnea Market Revenue and Forecasts to 2027 (US$ Million)
Figure 27. Infectious Diseases Market Revenue and Forecasts to 2027 (US$ Million)
Figure 28. Others Market Revenue and Forecasts to 2027 (US$ Million)
Figure 29. Pulmonary Devices Market Share, by End User, 2019 & 2027 (%)
Figure 30. Hospitals Market Revenue and Forecasts to 2027 (US$ Million)
Figure 31. Homecare Settings Market Revenue and Forecasts to 2027 (US$ Million)
Figure 32. Ambulatory Care Centers Market Revenue and Forecasts to 2027 (US$ Million)
Figure 33. North America: Pulmonary Devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 34. North America: Pulmonary Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 35. North America: Pulmonary Devices Market, by Country, 2019 & 2027 (%)
Figure 36. US: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 37. Canada: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 38. Mexico: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 39. Europe: Pulmonary Devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 40. Europe: Pulmonary Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 41. Europe: Pulmonary Devices Market, by Country, 2019 & 2027 (%)
Figure 42. Germany: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 43. France: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 44. UK: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 45. Italy: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 46. Spain: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 47. Asia-Pacific: Pulmonary Devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 48. Asia-Pacific Pulmonary Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 49. Asia-Pacific: Pulmonary Devices Market, by Country, 2019 & 2027 (%)
Figure 50. China: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 51. Japan: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 52. India: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 53. South Korea: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 54. Australia: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 55. Middle East & Africa: Pulmonary Devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 56. Middle East & Africa Pulmonary Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 57. Middle East & Africa: Pulmonary Devices Market, by Country, 2018 & 2027 (%)
Figure 58. Saudi Arabia: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 59. UAE: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 60. South Africa: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 61. South and Central America: Pulmonary Devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 62. South and Central America Pulmonary Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 63. South and Central America: Pulmonary Devices Market, by Country, 2019 & 2027 (%)
Figure 64. Brazil: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 65. Argentina: Pulmonary Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 66. Impact of COVID-19 Pandemic on Pulmonary Devices Market in North American Countries
Figure 67. Impact of COVID-19 Pandemic on Pulmonary Devices Market in European Countries
Figure 68. Impact of COVID-19 Pandemic on Pulmonary Devices Market in Asia Pacific Countries
Figure 69. Impact of COVID-19 Pandemic on Pulmonary Devices Market in Rest of the World
Figure 70.Growth Strategies Done by the Companies in the Market, (%)
The List of Companies - Pulmonary Devices Market
- Koninklijke Philips N.V.
- Caire Inc. (Chart Industries)
- Inogen Inc.
- Invacare Corporation
- O2 Concepts
- Nidek Medical Types, Inc.
- Drive DeVilbiss International
- GCE Group
- Besco Medical
- Inova labs Inc. (ResMed)
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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